Latest Bankruptcy News

Bankruptcy News

  • WSJ: Ditech Bankruptcy Loophole Could Cause Adverse Effect for Some Homeowners 10 Apr 2019 21:58 Compounding a series of financial problems the companies are facing, Reverse Mortgage Solutions (RMS) and its parent company Ditech Holding Corporation are experiencing new scrutiny from consumer advocates and the United States Department of Justice (DOJ) …
  • Bankruptcy filing may send homeowners packing 31 Oct 2017 05:32 The Journal Gazette INDIANAPOLIS – A house-flipping company in Indianapolis that pitched its services to Christian audiences has filed for bankruptcy, leaving more than 120 people who bought or sold homes through the firm in limbo. Chart Properties LLC filed for bankruptcy …
  • Homeowners seek to halt Wells Fargo loan changes in high-profile bankruptcy case 14 Jul 2017 02:29 Charlotte Observer The Gaston County homeowners who have filed a class-action lawsuit against Wells Fargo are asking a judge in Charlotte this month to stop the bank from making alleged loan changes without borrower approval. The suit filed in June by Christopher and Allison …
  • Queens Bankruptcy Attorney Bruce Feinstein, Esq. Warns Homeowners in Debt About Suspicious Loan Modifications 06 Jul 2017 12:14 MarketWatch.com Queens, NY, Jul 06, 2017 (PRWeb.com via COMTEX) -- Having a bank push through a loan modification to lower a struggling homeowner's mortgage payments sounds good in theory, but there can be adverse affects. Wells Fargo is once again under fire for …
  • Homeowners In Limbo After Homebuilder Bankruptcy 04 Apr 2017 03:55 CBS Dallas Follow CBSDFW.COM: Facebook | Twitter DALLAS (CBS11) – A Dallas home builder’s bankruptcy has left homeowners on the hook for hundreds of thousands of dollars in unpaid labor costs. Adam and Gabriela Norton say they hired Bella Vita Custom Homes to build …

Chapter 13 News

  • What is Chapter 12 Family Farmer Bankruptcy? 11 Apr 2019 23:56 In recent months much attention has been given to the rise in Chapter 12 family farmer bankruptcies in portions of the U.S., e.g., Farm Bankruptcies in 2018 – The Truth is Out There. On the legislative front, the Family Farmer Relief Act of 2019 was …
  • BankruptcyData Releases 2018 Corporate Bankruptcy Review 13 Jan 2019 18:58 Public Filings Fall for Second Consecutive Year but Looming Debt Issues and More Trouble in Retail Point to Uptick in 2019 Boston, MA (PRWEB) January 13, 2019 The number of public companies and assets filing for bankruptcy protection in 2018 fell for the …
  • BANKRUPTCY FILINGS UP 47 PERCENT ON GUAM 30 Dec 2018 20:55 Most were Chapter 7 personal filings By Letitia Law-Byerly HAGÃ…TÑA, Guam (Marianas Business Journal, Jan. 18, 2010) – Two hundred and twenty bankruptcy cases were filed in 2009 in the U.S. District Court of Guam, a 47 percent increase from 2008 when 150 …
  • Serenity Place bankruptcy reveals over $750,000 in debt 02 May 2018 11:21 Former drug treatment facility files for Chapter 7 By Bob Sanders Published: May 2, 2018 Serenity Place, once an essential organization in the city of Manchester’s fight against the opioid crisis, officially filed for Chapter 7 bankruptcy last week, …
  • Three Momkus McCluskey LLC Attorneys Named to Illinois Super... 19 Feb 2018 22:25 Attorneys for Full-Service Law Firm Recognized as Among Top Lawyers for 2018. LISLE, IL. (PRWEB) February 19, 2018 Momkus McCluskey LLC is proud to announce that attorneys James F. McCluskey, David A. Newby and William J. Scott Jr. have all been chosen for …

Bankruptcy & Debt Consolidation News

  • Four things to look for when seeking a debt relief service 24 Apr 2019 09:16 MarketWatch Do you have crippling debt? Are you thinking about declaring bankruptcy? Bankruptcy stays on your credit report for 7 to 10 years and has a detrimental effect on your credit score for even longer. Individuals can file for bankruptcy in two ways — chapter 7 …
  • Debt Consolidation is One of the Best Ways of Managing Debts 23 Apr 2019 16:30 PraguePost When loans start staring at you, and you feel extreme discomfort to live with it as managing loans become too much stressful, it is time to think about reducing your anxiety and pain. An easy solution would be to pay back loans so that you are free from …
  • Liz Weston: How debt 'solutions' could dig you in deeper 22 Apr 2019 16:29 Valley Morning Star Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage refinancing and retirement plan loans that promise relief but could leave them worse off. Paying off high-rate debt such as credit cards …
  • How debt ‘solutions’ could dig you in deeper 22 Apr 2019 11:51 Ledger-Enquirer.com Liz Weston: How debt ‘solutions’ could dig you in deeper By LIZ WESTON of NerdWallet The Associated Press April 22, 2019 07:03 AM Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage …
  • How debt 'solutions' could dig you in deeper 22 Apr 2019 11:25 Seatlle Post-Intelligencer Americans are slipping ever deeper into hock. To cope, many people turn to debt consolidation loans, cash-out mortgage refinancing and retirement plan loans that promise relief but could leave them worse off. Paying off high-rate debt such as credit cards …